Lumbermen's Bank & Trust Company (DeRidder, LA)

Episode Information

Episode Type
Run → Suspension → Closure
Start Date
December 14, 1921
Location
DeRidder, Louisiana (30.846, -93.289)
Bank Type
trust

Metadata

Episode ID
Bank ID
City ID
221629932
Model
gpt-5-mini
Short Digest

Notes

State Banking Department placed the bank in charge after the run, indicating closure/receiver action.

Events (2)
1. December 14, 1921 Run
Cause
Rumor Or Misinformation
Cause Details
Alleged circulation of alarming reports prompted heavy withdrawals
Newspaper Excerpt
Due to a run on the institution causing heavy withdrawals as a result of alleged circulation of alarming reports
Source
newspapers
2. December 14, 1921 Suspension
Cause
Government Action
Cause Details
State Banking Department took charge of the bank after it closed its doors following the run
Newspaper Excerpt
closed its doors Wednesday and is in charge of the State Banking Department
Source
newspapers

Newspaper Articles (3)
1. December 15, 1921 The Bienville Democrat Arcadia, LA
Article from The Bienville Democrat, December 15, 1921

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Article Text

Bank Closes Its Doors. Shreveport, La.-Due to a run on the institution causing heavy withdrawals as a result of alleged circulation of alarming reports, the Lumbermen's Bank and Trust Company at DeRidder, La., closed its doors Wednesday and is in charge of the State Banking Department.

2. December 17, 1921 The Weekly Iberian New Iberia, LA
Article from The Weekly Iberian, December 17, 1921

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Article Text

C Bank Closes Its Doors. Shreveport, La.-Due to a run on the institution causing heavy withdrawals as a result of alleged circulation of alarming reports, the Lumbermen's Bank and Trust Company at DeRidder, La., closed its doors Wednesday and is in charge of the State Banking Department.

3. December 17, 1921 The St. Mary Banner Franklin, LA
Article from The St. Mary Banner, December 17, 1921

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Article Text

Bank Closes Its Doors. Shreveport, La.-Due to a run on the institution causing heavy withdrawals as a result of alleged circulation of alarming reports, the Lumbermen's Bank and Trust Company at DeRidder, La., closed its doors Wednesday and is in charge of the State Banking Department.